The 2023 data indicates that Canada leads global spending on airport infrastructure maintenance with 1.2005 billion Euros, followed by Italy at 0.36804 billion Euros and Finland at 0.21984 billion Euros. Countries like Lithuania and Hungary show minimal spending at 0.0035265 billion Euros and 0.0025145 billion Euros respectively, with Albania at the lowest at 1.083e-05 billion Euros. Year-on-year variations from 2022 to 2023 reveal notable increases in countries like Azerbaijan (22.13%), Italy (15.9%), and Chile (14.56%). Contrarily, Lithuania experienced a negative growth of 2.49% while Hungary remained static.
Over the upcoming years, forecasted data suggests enhanced investments in key markets like Canada and Italy, driven by increased passenger traffic, modernization efforts, and technological advancements. Countries with lower current spending may also see gradual rises due to developing infrastructure and increased international connectivity. Trends to watch include sustainability initiatives, automation, and smart technologies, which will likely influence global spending patterns on airport infrastructure maintenance. These shifts could lead to substantial year-on-year and CAGR growth in the coming five years.
Top countries in Spending on Airport Infrastructure Maintenance by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 1,200,500,000 | 2023 | +2.82% | +4.08% | View data |
| 2 | 2 Italy | 368,040,000 | 2023 | +6.51% | +15.9% | View data |
| 3 | 3 Finland | 219,840,000 | 2023 | +5.54% | +1.01% | View data |
| 4 | 4 New Zealand | 194,300,000 | 2023 | +2.37% | +2.78% | View data |
| 5 | 5 South Korea | 95,681,000 | 2023 | +4.59% | +6.05% | View data |
| 6 | 6 Chile | 39,224,000 | 2023 | +11.84% | +14.56% | View data |
| 7 | 7 Luxembourg | 18,863,000 | 2023 | +3.44% | +9.52% | View data |
| 8 | 8 Sweden | 16,912,000 | 2023 | +0.32% | +4.23% | View data |
| 9 | 9 Azerbaijan | 13,528,000 | 2023 | +1.28% | +22.13% | View data |
| 10 | 10 Croatia | 7,174,000 | 2023 | +3.79% | +1.67% | View data |